Rehome Grants
Easy, Equitable, Compliant
Transferring an active or pending grant to Impact Allies’ fiduciary and operational management is easy and equitable for all people and institutions involved.
Impact Allies specializes in helping institutions optimize their project outcomes even when circumstances change. Every year at Principal Investigator meetings, we hear about projects that must return funds to agencies (for example NSF) due to staffing changes, institutional shifts, or capacity challenges. In many cases, returning the grant is not the only option. Impact Allies has developed a proven process for rehoming such grants, ensuring continuity of impact while protecting all parties involved.
We have successfully executed this approach with several projects, including multiple client and partner grant related efforts and the $4M Extended Reality initiative featured on our homepage, which was transferred to us at the requests of the IHE, PI, and NSF.
Benefits of Rehoming a Grant
Institutional Benefit
The IHE can choose to remain involved as either a sub-awardee or contractor. This reduces their reporting burden and institutional risk while maintaining a meaningful role in the project.
Sponsor Benefit
Agencies (e.g. NSF) retain control of the award and avoid returning unspent funds to the general account, ensuring continued alignment with program goals.
PI Benefit
The PI can continue their research or project activities under our management and receives direct project compensation plus performance and incentive bonuses.
If your organization ever faces the difficult decision of returning a grant, please consider reaching out to discuss whether rehoming may be a better fit. It's a solution that preserves momentum, protects government investment, and rewards the people doing the work.